15 de diciembre de 2014 / 14:28 / hace 3 años

Brazil needs prudent policies to avoid outlook downgrade -S&P

RIO DE JANEIRO, Dec 15 (Reuters) - The Brazilian government needs to seek prudent policies and economic stability to avoid a downgrade of the outlook on its debt rating, Standard & Poor's senior analyst Sebastian Briozzo said on Monday.

In March, S&P cut Brazil's debt rating by one notch to its lowest investment grade due to the erosion of the country's public accounts and slow economic growth.

A downgrade of Brazil's stable outlook could lead to Brazil losing its coveted investment grade, which would trigger an exodus of institutional investors with positions in Brazil. (Reporting by Walter Brandimarte; Writing by Alonso Soto; Editing by Bernadette Baum)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below